The rank of the US largest banks by assets

The US banks continue to play an important role in the global economy, despite the increased weight and importance of banks of other countries in the last years, such as Chinese banks.

In this work, we are going to present the rank of the 52 largest banks in USA by total assets, which still remains today, one of the most widely used indicators for comparing banks with each other. Let’s now see the 52 largest banks in the USA by assets in 2019.

In the top of the ranking of the largest banks in the US by assets is JP Morgan Chase with 2.7 trillion USD in assets. It is also the largest bank in terms of deposits. In the second place is Bank of America with 2.4 trillion USD in assets, followed by Citigroup with about 2 trillion USD in assets. Wells Fargo & Co is fourth and Goldman Sachs is fifth.

In the last three places of the ranking of the largest Us banks by assets there are Mizuho Americas with 47 billion USD, East West Bancorp with 43 billion USD and First Horizon National Corp. with 42 billion USD.

1JP Morgan Chase & Co2727
2Bank of America2396
4Wells Fargo & Co1923
5Goldman Sachs945
6Morgan Stanley892
7U.S. Bancorp482
8PNC Financial Services Group406
9Toronto-Dominion Group US Holding388
10Bank of New York Mellon Corp.381
11Capital One Financial Corp.374
12HSBC Holdings North America297
13Charles Schwab Corp.276
14State Street Corp.242
15BB&T Corp.231
16Suntrust Banks222
17American Express Company198
18Ally Financial181
19Mitsubishi UFJ Financial Group172
20Fifth Third Bancorp169
21United Services Automobile Assoc.168
22Citizens Financial Group163
23BMO Financial Corp.160
24Barclays US LLC154
26Santander Holdings USA144
27UBS Americas Holding136
28BNP Paribas USA130
29Credit Suisse Holdings USA129
30Regions Financial Corp.128
31Northern Trust Corp.127
32RBC USA Holdco Corp.126
33M&T Bank Corp.122
34Deutsche Bank USA Corp.120
35Discover Financial Services111
36Huntington Bancshares108
37Synchrony Financial107
38First Republic Bank106
39BBVA Compass Bancshares92
40Comerica Inc.73
41Zions Bancorp70
42SVB Financial Group64
43E*TRADE Financial Corp.62
44New York Community Bancorp53
45People’s United Financial52
46Popular Inc.51
47CIT Group51
48Signature Bank, NY49
49Synovus Financial Corp.47
50Mizuho Americas47
51East West Bancorp43
52First Horizon National Corp.42

The data used in this work have been collected from the main financial sites. For all of the banks, the total assets refer to the 2019 balance sheet and are expressed in billions of USD.

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